SOLUTION: Lottery winner won $4.5 million dollars. He wanted to give money to his 4 children and 8 grandchildren. Each child should receive a full share and each grandchild would receive 1

Question 899191: Lottery winner won $4.5 million dollars. He wanted to give money to his 4 children and 8 grandchildren. Each child should receive a full share and each grandchild would receive 1/4 share. After deducting $1.26 million in attorney's fees and taxes how much did the Lottery winner give to each grandchild?
Answer by rfer(16322) (Show Source): You can put this solution on YOUR website!
4.5-1.26=3.24
6 total shares
3.24/6=0.54 each share
0.54/4=0.135
0.135-$135,000 each grandchild
RELATED QUESTIONS
Harold owns 36 precious coins.He wanted to divide the coins among his three children. He... (answered by stanbon)

When Mr. Worth died, he left an estate worth $325,000. His will specified that 35% of his (answered by Fombitz,MathTherapy)

Help I am really stuck on this problem. Need help Please!!! A twenty year old student... (answered by stanbon)

Deshawn had some candy to give to his 4 children. He first took six pieces for himself... (answered by fractalier)

A man made a will the in which he left 4/9 of his money to his wife and 2/5 of the... (answered by greenestamps,josgarithmetic,MathTherapy)

A man made a will in which he left 4/9 of his money to his wife and 2/5 of the remainder... (answered by math_tutor2020,greenestamps,MathTherapy)

Grandma bought some candy. She gave each of her grandchildren 4 pieces of candy and had 2 (answered by ikleyn)

grandpa joe wins $160 000 in the lottery. He descides to keep half of it and share it... (answered by FrankM)

Marinna gives apple to her children. If she give 5 apples to each child, she will have 4... (answered by stanbon)